Total net sales came to USD2,769 million, up 15% from USD2,402 million in 2021

Part of a series of features on the tech industry and its impact on commercial vehicles, this piece looks at established firms and start-ups based around Toronto and in the Regional Municipality of Waterloo, both situated in southern Ontario, Canada.

Algolux specialises in perception software to improve computer vision for advanced driver assistance systems and autonomous vehicles.

With an initial annual capacity of 60 vehicles per year, the new site dedicated to the production of this specific electric truck has aided in the development of the latest ie truck platform. When compared to previous generations, the latest ie truck is 20% lighter in GVW, has improved batteries and a more powerful powertrain that allows for a greater range.

Paletar announced she has removed the position of CEO and reshuffled the management following her acquisition of all the company shares.

The Austrian trailer builder’s performance in 2022 outstripped its sales in the previous year by 9% (EUR409m).

117 zero-emission buses are to be manufactured by Wrightbus in Northern Ireland and operated by FirstBus across the UK.

With Fernride’s technology, drivers will be able to “teleoperate” the tractors – that is to say, they will be able to drive them remotely – and take advantage of assistance systems that Terberg and Fernride will “gradually” develop in order to make the vehicles more and more autonomous.

With deliveries beginning in the second half of 2023, this order follows the announcement in January of a 500 articulated E-WAY electric city bus order from Flemish government-owned public transport operator De Lijn.

The two companies have agreed to a pilot phase during which Ecobat will maintain and repair lithium-ion batteries for Tevva’s customers - with scope to expand the partnership to additional energy storage and battery recycling services.

Hofmann, who has previously worked for Volkswagen, will lead the development of Volta Trucks’ Digital Platform.

The company announced that series production is set to begin in the second quarter of this year at the contract manufacturing facility in Steyr, Upper Austria.